Australian LNG operator Santos said it made a significant discovery in the Pavo-1 exploration well, located 46 kilometres east of the existing Dorado field in the Bedout Sub-Basin offshore Western Australia and is the first find made since its takeover of Oil Search.
Australia-Pacific LNG project shareholder Santos said it was set to advance with production expansion, including using the Barossa feed-gas field for Darwin LNG and investment in the construction of additional Trains for the Papua New Guinea export plant.
Equinor, the Norwegian energy company and LNG plant operator said it was awarded exploration acreage in the Northern Carnarvon Basin offshore Western Australia as upstream activities continue to expand.
Australian energy company Santos, operator of the Gladstone LNG plant in Queensland, has received competition clearance from regulators for its US$2.15 billion takeover of Quadrant Energy whose operations are centred on Western Australia.